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Home Business

Israeli companies add to Vivatech buzz

JONATHAN DESVERNEY by JONATHAN DESVERNEY
June 19, 2022
in Business
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Led by Yossi Dan from the Israel-France Chamber of Commerce, a delegation of some twenty Israeli startups and several other traders arrived right here at Vivatech, the biggest excessive tech present in Europe, and by no means stopped working from one rendezvous to the following within the big corridor (air-conditioned for the primary time) on the Porte de Versailles. Put collectively by Maurice Lévy, chairman of the board of promoting big Publicis Groupe, together with the Les Echoes press group, Vivatech this 12 months occurred in a really tense political context, particularly with the Russian invasion of Ukraine. However on the ground of the corridor, among the many tons of of crowded, colourful and loud firm, regional and nation stands and pavilions, there was no time for politics, together with for the Israeli delegation.

With assist from Michel Hauser-Kauffmann of the France-Israel chamber of commerce, Dan first introduced the delegation to the stand of mega French group Bouygues, which gave two Israeli good mobility start-ups an award.

Product VP of Parknav, Simon Arazi, rapidly defined that there are a lot of startups utilizing actual time knowledge to assist folks discover parking spots in cities, however that “having solely actual time date is ineffective. Our system relies on statistics improved with real-time knowledge,” he continued, “and tells the consumer the proportion of probabilities of discovering a spot in a particular space.” Arazi stated that some 150 cities in Europe and the States are utilizing the Parknav expertise.

Subsequent to Arazi on the rostrum stood Dvir Kenig, head of the ITC startup, Clever Visitors Management. “We’re enablers,” he defined, “serving to municipalities to stop site visitors jams by regulating lights at intersections.” On a pill pc, he confirmed me a site visitors jam in Tel Aviv with little bars on license plates to maintain house owners nameless. “We’re related to cameras regulating the lights,” he continued.

ITC has purchasers in Israel, the US, Luxembourg, and a undertaking in Brazil. However aren’t cities making an attempt to remove automobile site visitors? Sure, however cities will at all times have an excessive amount of automobile and truck site visitors, each winners agreed.

Additionally within the delegation was Yaron Golpher, head of I Know First. It offers synthetic intelligence-based algorithmic forecasting options to make inventory market predictions and each day forecasts in additional than 50 international markets. Already featured on Israel’s tv channel 13 and i24 Information, I Know First has gained an award for greatest worldwide monetary expertise startup on the Geneva Wealthtech Discussion board.

The algorithm was first developed for the chemical business by companion Dr. Lipa Roitman, from Russia, who studied in Novosibirsk State College in Siberia and the Weizmann Institute of Science. Golpher referred to as him, “a genius, the neatest individual I’ve ever met.”

He added, “and simply as we don’t contact our purchasers’ cash, he and I don’t discuss politics.”

Golpher famous that the algorithm was pointing to cost hikes and shortages within the vitality, mining and meals sectors in October 2021 earlier than the conflict in Ukraine started, that means “the development from this conflict was predictable.” Has this offered a chance for traders? “I’m not in any respect comfy with calling worth hikes and shortages for many individuals a chance for a couple of traders,” he answered.

Additionally within the delegation, Yotam Hechtlinger, head of exists.ai, which is within the early stage of growth of 3D web sites. “Expertise has reached the stage the place we will create spectacular web sites that may enchantment to people and corporations, not simply avid gamers,” he stated.

Exists.ai has purchasers in Israel and the US, he famous, and hopes to develop into France. He’s making a platform to make 3D web sites an web commodity. “This expertise may also help make the world a greater place,” he famous, “not only for video video games however to counterpoint the web, to offer extra info, to resolve issues.”

Hechtlinger commented, “Yossi and the chambers of commerce did a great job of introducing us to folks right here at Vivatech. We have now a few leads from this present. Now now we have to proceed making noise about our product.”

Certainly, startuppers made their manner by way of 1000’s of tourists to go to a great variety of French stands: LVMH (luxurious manufacturers), Paris Area, RATP (public transport) AXA (insurance coverage), Bouygues, Orange, ENGIE (vitality), BNP Paribas Michelin and JC Decaux, for instance.

A particular be aware on Jacob Makhtabi and his uncooked, hands-on industrial French-Israeli startup, Hydro-ecotech. His patented innovation makes use of decomposed, demineralized water, during which hydrogen and oxygen molecules have been separated by electrical present, to scrub carbon deposits (gasoline and oil) from automobile engine partitions and their parts (cylinders, pistons and valves). Now that could be a mouthful, or slightly a truck and bus-full!!

“An engine that isn’t cleaned calls for elevated gasoline consumption and ultimately have to be immobilized, and its elements changed, which could be very costly,” he defined in French. (He additionally speaks fluent Hebrew, and a few Arabic and Farsi, however no English.) “Ours is a revolutionary course of for the commercial world, as we will clear two buses or vehicles a day, whereas present procedures take two days per automobile if the cleansing is even carried out,” he added. He presently has municipal transport purchasers in Marseilles, his dwelling metropolis, the RATP, and several other rubbish truck corporations.

Again to the idea of “Tech for Good”, the slogan of Vivatech a number of years in the past (earlier than the corridor was air-conditioned). What about now? Vivatech founder Maurice Levy instructed Globes, “Tech for good is now important. Mankind’s genius has systematically helped destroy the atmosphere, with overcrowded cities, poor transportation, air pollution, forest destruction, and carbon emissions. With expertise, we will use that genius to decrease voracious vitality consumption, develop clear tech and new energies, and to higher well being and training. Tech for good is the avenue for the longer term.”

Maurice Levy then took the stage with Makhtar Diop, head of the Worldwide Finance Corp;, a department of the World Financial institution, to open the Africa Tech Awards session, saying finalists in three areas: well being, fintech and climate-tech.

“We’re right here to resolve issues,” Levy instructed the group within the not fairly full Stage One enviornment. “And Africa has no time to waste,” added Diop, a former Senegalese finance minister, arguably essentially the most high-level official from the African continent on the present.”

Doaa Aref and Dr. Rasha Rady, founders of Chefaa, a pharmacy supply platform from Cairo, Egypt, have been handed the well being tech award. A younger man sitting subsequent to me and much from dwelling, Luke Shankland from South Africa, whose Aviro Well being startup performs digitalized, automated well being screening, graciously commented, “they deserved to win.”

He added that “assist for Africa does come from the West however typically with strings connected. And large American corporations are hiring away a lot of the highest expertise in African international locations.” He repeated what Makhtar Diop had simply stated on stage, “African billionaires should make investments extra in expertise.”

Subsequent, a political state of affairs during which Israel finds itself concerned on either side…a holographic deal with in augmented actuality by none apart from President Zelenskyy of Ukraine, in actual fact by his avatar. He made a plea for corporations to spend money on “a digital land lease within the battle for democracy in opposition to an empire, to reconstruct the Ukraine. Please assist the Ukraine till victory,” he instructed the Stage One crowd, in an deal with coordinated with tech exhibits in Dublin, Zurich and London.

“Ukraine deserves this gathering,” Maurice Levy instructed the group, with out mentioning the phrase Russia. “They want us and we have to assist them.” It is extremely uncommon for a standing president to make use of a hologram and avatar, however this was Vivatech.

Maurice Levy instructed Globes, “it’s too early to see long run penalties from the conflict in Ukraine, together with the state of affairs with China, however expertise should discover options to what I consider would be the finish of globalization as now we have recognized it with free and open markets. I see two large traits: inflation for the following 12 to 18 months, with excessive rates of interest and the top of low-cost cash, and the repatriation of manufacturing.”

And the following day, French President Macron, simply again from Kiev, was on stage. “The European expertise ecosystem can convey a lot assist to the Ukrainians, who’re preventing for his or her freedom,” he instructed the gathering.

Macron promised extra private and non-private funding in expertise in France and Europe, in addition to in excessive tech coaching and training, starting on the center faculty stage, to satisfy main challenges in well being, local weather, and to offer a greater life for all.

And Israeli startups have a task to play on this tech for good, after what all current agreed was very constructive participation in Vivatech, with a lot wanted assist from each chambers of commerce in Tel Aviv and Paris.

In line with Vivatech, 91,000 guests attended the present at la Porte de Versailles, there have been 300,000 clicks on-line, and 3 billion views on social networks.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on June 19, 2022.

© Copyright of Globes Writer Itonut (1983) Ltd., 2022.




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